This page summarises the main points of the Customer Agreement for convenience. The PDF is the binding version; if anything here differs from it, the PDF applies.
The agreement is between you and Xellion Ltd, Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. It is governed by the laws of Saint Lucia, whose courts have exclusive jurisdiction.
Key points
- Trading takes place on MetaTrader 5 (section 3.1).
- Spreads, leverage, margin requirements, trading hours and instruments can change (section 3.2).
- Arbitrage, scalping and other strategies prohibited by the Company are not permitted (section 3.8).
- If equity falls below the margin requirement, positions can be closed (section 4).
- An inactivity fee of $50 per month applies after 90 consecutive days without activity, until the balance reaches zero (section 5.3).
- There are no currency conversion fees; third-party and bank charges are paid by the client (section 5.4).
- Communications may be recorded (section 11.2).
Sections
- 1 Definitions
- 2 Account Opening and Verification
- 3 Trading Terms and Conditions
- 4 Margin Requirements and Liquidation
- 5 Fees and Charges
- 6 Manifest Error
- 7 Force Majeure
- 8 Customer Representations and Warranties
- 9 Risk Acknowledgement and Limitation of Liability
- 10 Account Closure and Termination
- 11 Communications
- 12 Amendments
- 13 Governing Law and Jurisdiction
- 14 Entire Agreement